Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.93%

Address: 50 Heagney Crescent, Chisholm ACT 2905 Block-Size: 879 sqm
Block: 7 Section: 511
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: 4 EER: 2.0
Unimproved Value (2022): $479,000 (2022) UV Price Ratio: 76.64%
Sales Method: $619,000 (Private Treaty) Recommend Purchase Price: 625000
Rates Residential 2022: $2,684* Land Tax Residential 2022: $4,025*
Property Link: https://www.allhomes.com.au/50-heagney-crescent-chisholm-act-2905 Marketing Agent: Zachary Cunningham and Campbell Jones
Date Added: 21/03/23

Photos:

Block Details

Block Size: 879 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 50 Heagney Crescent, Chisholm ACT 2905 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 50 Heagney Crescent, Chisholm ACT 2905

 

Suburb information

Median house price (2022): $997,500 Median house rent (2022): $645
Suburb highest price (2022): $1,150,000 Rental vacancy rate (2022): 0.15%
Medium household income (Census 2021): 2292% Income to rent ratio: 28%
Download Suburb Profile: Profile - March 2023

Property Purchase Recommendation Summary

Recommend Purchase Price: $625,000 Estimated Stamp Duty: $19,800
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $644,800

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-383 Approx Turnkey Build Cost inc GST: $330,000
Downloadable Brochure: Design Brochure - 383 Download Proposal: PAP - 50 Heagney Crescent, Chisholm ACT 2905

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $600
Potential Gross Weekly Rental Income of Recommended Design: $700 Potential Combined Gross Weekly Income: $1,300
Potential Combined Gross Annual Income: $67,600

Financial Summary

Total Purchase and Build Investment: $974,800 Potential Combined Gross Rental Annual Income: $67,600
Potential Gross % Return: 7%

Get Help Securing This Opportunity

Share Opportunity:
Contact Us